The Associated Press
FRANKFORT - A western Kentucky developer says expanded gambling is not a dead issue in the 2003 General Assembly.
Developer John Bays said he plans to spend three days in Frankfort this week promoting a plan for land-based casinos.
"I don't care what anyone says, it's not a dead issue for this session," Bays said. "Nothing has happened yet, because I haven't been able to get up there."
At least one member of the House Democrat leadership agrees with Bays.
"We're in deep discussions and trying to bring people with differing ideas together. We hope to find something that will be acceptable to all," said Jim Callahan of Wilder, House majority caucus chairman.
Bays has argued that Owensboro would be left out of gambling if horse tracks add slot machines.
In Bays' plan, Kentucky would offer six to seven casino licenses, and those facilities could generate at least $30 million per month per casino, he said. The state would get 25 percent of the gross revenues - about $630 million per year. And racetracks would get 10 percent of the pot - about $252 million per year - to beef up their prizes. And the cities and counties where the casinos are located would get 10 percent of the new revenue - about $36 million a year.
Legislators end the 2003 session March 25.
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